Financial Insights That Matter
Unsplash.com/Blake You know
Epipoli owns the largest customer relationship management and loyalty programme in Italy, with over six million customers
Bahrain’s Investcorp has finalised a deal to acquire Epipoli, an Italian alternative payments company.
The asset will be purchased from London-headquartered private equity Bregal Milestone and Epipoli founder and CEO Gaetano Giannetto.
Giannetto will continue to hold a significant minority stake and lead the company.
No terms of the transaction were disclosed.
Epipoli owns the largest customer relationship management (CRM) and loyalty programme in Italy, with over six million customers. It has a turnover of €400 million.
José Pfeifer, head of European private equity buyouts at Investcorp, said the acquisition will allow Epipoli’s expansion across Europe.
The transaction is subject to regulatory approval and other closing conditions.
Since 2012, Investcorp European private equity has invested more than €2 billion in regional companies.
The agreed acquisition of Epipoli follows previous investments in other Italian-headquartered companies, such as SEC Newgate, Innova Semplice, Vivaticket, and Dainese.
#1a73e8;">Boost Your Financial Knowledge and Achieve Stability
Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence.
#1a73e8;">Top Financial Tips for Saving and Investing
- Personal Finance Management: Master the art of budgeting, expense tracking, and building a strong financial foundation.
- Investment Opportunities: Stay updated on market trends, learn about stocks, and explore secure ways to grow your wealth.
- Expert Money-Saving Advice: Access proven techniques to reduce expenses and maximize your financial potential.